49 Cygnus Drive, Richmond Hill, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Observatory. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,788,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 5 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 42.98 x 104.36 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Central Vacuum, Built-In Oven
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
***Fully Renovated 4-Bedroom Family Home in Prestigious Observatory Community | Bayview Secondary School Catchment!*** Completely Renovated In Year 2022, This Stunning South-Facing 4-Bedroom Home Features A Double-Car Garage And Offers A Bright, Open-Concept Layout With A Spacious And Well-Designed Floor Plan, Filled With Abundant Natural Light Throughout. Extensive Upgrades Include A Brand-New Front Door, All New Windows, Elegant Staircase, Custom Cabinetry, Premium Flooring, And A Fully Redesigned Chef-Inspired Kitchen With Quartz Countertops And Stainless Steel Appliances.The Upper Level Offers Four Spacious Bedrooms And Three Fully Renovated Bathrooms, Including Two Ensuites And A Semi-Ensuite. The Professionally Finished Basement Provides Additional Versatile Living Space.Located In The Highly Sought-After Observatory Community In The Bayview Secondary School Catchment, Close To Parks, Schools, Shopping, Transit, And Major Highways. A Bright, Turnkey Home-Simply Move In And Enjoy!
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Pricing & Value Insights
Data-driven valuation for 49 Cygnus Drive, Richmond Hill, ON L4C 8P1
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $1,788,000 in Richmond Hill, the legal minimum down payment is $357,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $32,235 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $32,235.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.